Shares of Industrials sector company Paychex moved -0.2% today, and are now trading at a price of $124.55. The Large-Cap stock's daily volume was 3,295,433 compared to its average volume of 2,597,742. The S&P 500 index returned a 1.0% performance.
Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. The company is based in Rochester and has 19,000 full time employees. Its market capitalization is $44,824,817,664. Paychex currently offers its equity investors a dividend that yields 3.3% per year.
14 analysts are following Paychex and have set target prices ranging from $122.0 to $150.0 per share. On average, they have given the company a rating of hold. At today's prices, PAYX is trading -7.74% away from its average analyst target price of $135.0 per share.
Over the last year, PAYX shares have gone down by -11.1%, which represents a difference of -27.1% when compared to the S&P 500. The stock's 52 week high is $161.24 per share and its 52 week low is $119.02. With average free cash flows of $1.49 Billion that have been growing at an average rate of 6.8% over the last 5 years, Paychex declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 1,900,900 | 191,800 | 1,709,100 | -1.57 |
| 2023 | 1,897,700 | 161,400 | 1,736,300 | 11.07 |
| 2022 | 1,706,200 | 143,000 | 1,563,200 | 7.37 |
| 2021 | 1,589,700 | 133,800 | 1,455,900 | 27.5 |
| 2020 | 1,260,300 | 118,400 | 1,141,900 | -13.09 |
| 2019 | 1,440,900 | 127,000 | 1,313,900 |
